Real Estate Appreciation for Anchorage, Arkansas: + 51.42%
Appreciation for MSAs:.
The first way to get a handle on an areas appreciation for a period is to compare it to the rest of the state.
In this case Anchorage, Arkansas MSA appreciated + 51.42% (+ 10.28% yearly) for the period between 2001 and the end of 2005.
The state had + 48.80% total appreciation (+ 9.76% yearly).
The Anchorage, Arkansas MSA outperformed the state. When an MSA outperforms the state, it shows that something in this area happened to increase real estate growth. The are the conditions you look to replicate as an investor.
Anchorage-AK
Detailed Quarterly Appreciation is Available on Periods Less than 4 Years OnlyPlease Select One
2002-2005 Quarterly Detailed Appreciation
Now is a great time to buy and fix up real estate in many areas. Foreclosures are on the rise so there are deals to be had. If you are considering purchasing and rehabbing a property, appreciation rates are important to consider. If you feel like this is a good area to purchase foreclosure property for rehab, check out Hard Money Rehab Loan Information at Spec-Loan.com. Its important to do your homework before taking on any type of real estate purchase.
If you were going to do a Anchorage, Arkansas Refinance, or Anchorage, Arkansas Reverse Mortgages, you could estimate your home value.
If you knew your Anchorage, Arkansas home was worth $106,000.00 in 2001, you could multiply by + 51.42%, add the gain and see the home should be worth $160,510.11 in 2005. Home value is an important part of every mortgage transaction.
Average YEARLY Real Estate Appreciation for Anchorage-AK from 2001 to 2005:
+ 10.28%
Appreciation Comparisons
In contrast, the worst 5 MSAs from 2001 to 2005 were Lafayette-IN, Burlington-NC, Rocky-Mount-NC, Decatur-AL, and Jonesboro-AR .
- Lafayette-IN only increased + 9.24% between 2001 and 2005
- Burlington-NC only increased + 9.68% between 2001 and 2005
- Rocky-Mount-NC only increased + 11.41% between 2001 and 2005
- Decatur-AL only increased + 12.39% between 2001 and 2005
- Jonesboro-AR only increased + 12.46% between 2001 and 2005
The worst perfoming MSAs ever for a 5 year period, were Casper-WY, Lafayette-LA, Lafayette-LA, Grand-Junction-CO, and Anchorage-AK .
- Casper-WY lost - 42.34% from 1983 to 1987
- Lafayette-LA lost - 39.59% from 1983 thru 1987
- Lafayette-LA lost - 37.20% from 1984 thru 1988
- Grand-Junction-CO lost - 30.66% from 1982 thru 1986
- Anchorage-AK lost - 30.21% from 1985 thru 1989
Zip Code in MSA: 99504 - ANCHORAGE, AK
MSA Pop: 339286Zip Pop: 37284
Avg Value: 137200
County: ANCHORAGE
Elev: 0
Region: West
Lat: 61.203194
Long: -149.748615